Kotak Mahindra General Insurance Company has entered into a corporate agency association with CARS24 Financial Services Private Limited; a wholly-owned subsidiary of CARS24 an ecommerce platform that deals with pre-owned or used vehicles.
Insurance cover for cars is mandatory by law. It allows you to claim for any accidental damages that occur and also provides insurance coverage to third party.
What does this association mean?
This association means that CARS24 would be the corporate agent of Kotak General Insurance. They would extend the motor insurance services to the consumers that would fully insure their vehicles with Kotak General Insurance’s different motor insurance plans.
Opinion of CARS24 CFO
Buying a used car insurance is a complex process that lacks transparency. At the same time, the consumers have lots of paperwork and fine prints to tackle. The association with Kotak General Insurance would increase the satisfaction and value the car buyers receive. The sales happen online and customers would need a partner they trust to deliver quality. This is just what they would get with CARS24 and Kotak General Insurance
Opinion of Kotak General Insurance CEO
The used car space keeps changing quickly and the corporate association with CARS24 would offer a trustworthy and faster way to customers to get motor insurance with a fully digital insurance process for a hassle free and convenient experience.
Benefits of this partnership
The beneficiaries of the partnership between CARS24 and Kotak General Insurance would be the customers. They could easily avail cashless claims servicing at the extensive network of garages of Kotak General Insurance. The customers would also have the option of convenient claim settlement services.
Conclusion – About CARS24.com
CARS24 is an ecommerce platform specifically for pre-owned cars and bikes. The customers get best in class experience and would be provided with a wide selection of certified cars. The highlight of all this is that the car would be home delivered with a single click and the sellers/buyers get the best deals on their vehicles in less than an hour. The best price is arrived at by an online bidding system where thousands of dealers bid for the vehicles online
Looking for a second car and buying it is not a simple task anyone could do. It needs browsing online for long hours, carrying out test drives on multiple cars until you find the best and the right car or bike for you. With CARS24, it is a simple task of browsing through thousands of certified cars and reserving the favourite one you have in mind by paying a refundable deposit. The car would then be delivered to your home. You could also come down to the CARS24 hub near you to pick up the vehicle personally if you prefer to do so. If you do not like your car, you could return it and get a complete refund within a time span of seven days! You wouldn’t get similar service anywhere else!
Over the years, CARS24 has simplified car selling. One can sell their car from their home or the branch in less than an hour and get the best price almost immediately. We also take care of the ownership (RC) transfer, that too for free without any hidden costs!.